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monday. thanks for joining us. >> pope benedict said he is resigning as leader of the catholic faith. >> st. peter's square, cardinals will convene to elect a new pope. amy is live at the cathedral in san francisco with the latest. amy? >> it happened at 2:00 a.m., our time, so, safe to say a lost catholics in san francisco have not heard yet. they will not be alone if their shock. a spokesman says even they were caught by surprise. here is video of the announcement made this morning. this is the pope making the announcement in latin, pope benedict xvi saying he will resign february 28 because of his deteriorating health. the pope is 85. he says he had to recognize "my incapacity to adequately fulfill the ministry," the first pope to resign since 1415, that is why this is a bit shocking to everyone around the world. pope benedict was elected in 2005, formally known as cardinal joseph ratzinger. the vatican will be able to elect a new pope by march because they do not have to observe the traditional mourning time that follows the death of a pope. this is breaking news, just happening,
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